Day: September 1, 2024
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Algeria Joins the BRICS New Development Bank
Algeria has been approved for membership in the BRICS New Development Bank (NDB), the country’s finance ministry has announced. The decision was taken on Saturday and announced by NDB chief Dilma Rousseff at a Cape Town, South Africa meeting.
Five Key Chinese Belt and Road Projects in Africa
China has vowed to beef up its vast Belt and Road global infrastructure initiative, promising "high-quality cooperation" ahead of a summit with African leaders in Beijing starting on Wednesday. Africa is already a key Belt and Road Initiative (BRI) region, with ...
African Leaders in Beijing Eyeing Big Loans and Investment
By Oliver Hotham African leaders will arrive in China's capital this week, seeking funds for big-ticket infrastructure projects as they face mounting great power competition over resources and influence on the continent. China has expanded ...